Monthly spending. We rank on rewards minus the full annual fee, so statement credits and perks are listed separately and never counted for you.
Choosing between the Discover it Cash Back (no annual fee) and the Southwest Rapid Rewards® Premier Credit Card ($149/yr) comes down to where you spend most. Southwest Rapid Rewards Premier Card needs about $775 a month in dining or groceries, counting that spending alone, to make up its $149 higher annual fee over Discover it Cash Back. Below that, Discover it Cash Back comes out ahead. Enter your monthly spending above to see which comes out ahead for you.
5% on rotating quarterly categories (up to $1,500/quarter), 1% on everything else. Cashback Match doubles all cash back in first year.
Perfect if: You want solid rewards without paying an annual fee.
Apply NowStrongest in dining at 2% (up to $8,000/yr). 3x on Southwest purchases, 2x on groceries and restaurants up to $8,000/year.
Perfect if: Your monthly spending stays within the bonus cap for maximum value.
Apply Now| Feature | Discover it Cash Back | Southwest Rapid Rewards Premier Card |
|---|---|---|
| Annual Fee | $0 | $149 |
| Sign-Up Bonus | None | 55,000 points after $1,500 spend in 3 months |
| Foreign Transaction Fee | 0% | 0% |
| Base Reward Rate | 1% | 1% |
| Dining Rewards | 1% | 2% (up to $8,000/yr) |
| Groceries Rewards | 1% | 2% (up to $8,000/yr) |
| Rates with conditions not counted in the rows above |
None |
3% on Southwest Earns 3% only on Southwest purchases. Flights on other airlines, hotels and car rentals earn 1%. |
| Key Benefits | 5% on rotating quarterly categories (up to $1,500/quarter), 1% on everything else. Cashback Match doubles all cash back in first year. | 3x on Southwest purchases, 2x on groceries and restaurants up to $8,000/year. |
Southwest Rapid Rewards Premier Card wins on dining, groceries.
The $149/year fee difference means Southwest Rapid Rewards Premier Card needs to earn about that much more in rewards to justify its cost.
Not sure which fits your life? Enter your spending below and we’ll do the math. The calculator ranks purely on rewards minus the full annual fee, so credits and perks are yours to judge.